• Apple‘s Q4 earnings report will be out tomorrow. We’re expecting sales numbers for the iPhone 7 and Apple Watch, but chances are they won’t be meaningful until next quarter due to supply shortages. Also on our radar: iPad sales, which climbed up last quarter.

• Speaking of the Apple Watch: Smartwatch sales last quarter amounted to 2.7 million, down 51.6% from Q3 2015. As an IDC analyst said, “It has also become evident that at present smartwatches are not for everyone.” Indeed.

• Samsung is really worried about losing customers. A new upgrade program will allow owners of the recalled Galaxy Note 7 phone to trade it for a Galaxy S7 and then upgrade to either a Galaxy S8 or Galaxy Note 8 next year.